Licensing Regulations

The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA), under the provisions of Title XI, created The Appraisal Subcommittee, which oversees state appraiser regulatory agencies and establishes the qualifications for real property appraisers to obtain a state license or certification. OAS appraisers who have a General Certified Appraiser state license perform appraisal services.